1937-02-17 — Page 17

4

THE CHAIL FEBRUARY 17, 1987.

THOS COOK

BANKING

PRUFFS

de very marked exp

niviteu

by the bass

LHUS, LOOK and son

3.

uclover 31 når not impaired in customary high ratio of liquidity. says tae

ames incuna

NO GOUDE

greater

part

ANTAMOK ANNUAL

REPORT

Huge Profits Last Year

The board of directors of the Ahta- mok Goldfields Mining Company-an- its annual report under nounces in preparation that its net proft earned for 1936 is P2,700,000. Its net profit for 1935 was P1,231,000.

BANKS

THE CHARTERED BANK OF INDIA AUSTREIA & CHINA

by Royal Charter, 1853

HEAD OFFICE: LONDON

Paid-up Capital Reserve Fund Reserve Liability of Pro-

prietors

$3,000,000 .$3,000,000

03,000,000

Agencies and Branches:"

Alor Star Amritsar Bangkok Bataris Bombay Calcutta Canton

tion on the

The company declares that its ore Lat NOI public

reserves for 1936 amorat- to 803 208 ΤΟ travel, now that times are more prosperous, has assi

tous with an average value of P11.75 or a total value of P9,441,510. The or a bank which plays a large part reserves for 1935 were 809,322 with an the nnancing or tourists and others. average value of P1215 or a total value of P9,839,241.72 The board of direc- Yet the period was stall marked by tors declared that prospective ores ar many aimculties, and so pronouncea not included in the reserves of either an increase as the £775,100 whien 1935 or 1936, all reserves being positive campore has taken deposits to $4,016,800—–—– or probable. These figures, the direc tors declared, deny the rumours circa- rise or nearly 24 per cent thus belated that the ore reserves of this cor- comes more than ever noteworthy.

poration are at present greatly de- Epleted.

Liquid trems

Cebu

ཟླ

Delo Ipoh Karachi Klang

◄ Kode

Kuala Lumpur Kuching

Madras

Manila

Shanghai Singapore Sitiawan Sourabaya Tais

Colombo Delhi

Medsa

New Yock

Peiping

(Bhuket)

Pekings

Tsingtao

Penang

Tokohama Zamboanga

Hankow

ת

Hong Jong

transacted...

Out of the 803,208 tons.estimated at With the corresponding increase

the end of 936, 627,725 are positive Foreign Exchange and General Banking business in assets well spread over the varitons and 175,483 are probable tons. In Current Accounts opened and Fixed Deposita ous categories, it is interesting to addition to these figures, one-half of received for one year or shorter periods at rates find that immediately, quia tems the present ore reserves of the Geld which will be quoted on application.

The Bank's Hosă. Ofice in Londen undertakes and Trustee business, and claims largely interest-bearing deposit Creek Mining Company may be added Executor

to the 1936 figure. The extent of these every of British Inocare. Tar overpaid, os with other banks have grown reserves is at present unknown and terms which may be sinertained at any of its rapidly enough to maintain fully has res is at present the Antamos Agencies and Branches.

A. BREARLEY, their proportion of almost 83 per reserves.

Manager. cent. to deposits.

Hong Kong, 1st January, 1935.

"TOO MUCH PAPER

MONEY

Elsewhere the strength of the company's position is no less ap parent. The published reserve of £125,000 equals the issued capital, while inner reserves, already sub stantial, have been further streng thened during the year. The bili holding has been allowed almost to run off, but investments of $502,800 are up by £116,300. Of their total,

It agreed to call upon the Gov- £519,900 are în British Government or was so introduce stabilisation securities, and all are taken in at currency to promote confidence and to under market values, providing on

enable the development of foreign trade. of the sources of "hidden" strength

THE BANK OF EAST ASIA, LTÐ.

The Sound Currency Association in London has passed, a resolution (pro- Authorised: Capital with alarm the continued increase in Reserve and Undivided Foods posed by Mr. D. M. Mason) viewing Pd-up Caprial... the issue of paper money, believing that it will increase the cost of living injure national credit, curtail trade and derange the exchanges.

Gratifying Progress

$10,000,000.00,

5.108,100.00

2,885 925.12

HEAD OFFICE.—TONG KONG. 10, Des Four Boad, Central.

BOARD OF DIRECTORS:- Hou. Sir. Shou-son Cho Chairman La. Koon LOVE, Esq. Awok Bag Hous

La Long - Chan Ching Shek Faq Sang. Eoqs Wong Chn Son, Eaq, and Kan Ying Po, Esq.

Arsoy

Kan Tung Po, Esq, Chief Manager. Li Tse Fong, Bag, Manager.

BRANCHES AND AGENCIES

Batavia

Bombay

Manila..

Melbourne

Calcutta Canton Haiphong Bankow

Nagasaki

New York

Paris

Sydney

Kobe

Kowloon

Tokyo Vancouver Yoachams

of liquidity is fully maintained. Re- The company has shared with serve at $125,000 is equal to the other banks in the greater demand paid-up capital, and the substantial for advances, the increase from internal reserves have been further £209,500 to £283,300 0 representing strengthened. over 35 per cent. Altogether the Current, deposit and other ac- year seems to have been one of most counts amount to $4,016,800, com- gratifying progress.

pared with £3,241,663 in the pre- The balance-sheet of Thos. Cook rious year. Liabilities for these ac-business transacted, Loans granted on approved and Son (Bankers) for the year counts are covered by cash and ended October 31, just published, short-term loans to appro.mately shows that the bank's high degree 83 per cent.

SAFEGUARDS

WHEN TRAVELING

Warning signs on land and sea are for your personal safety. Travelers Cheques are for the safety of your travel funds. You make

the funds “loss proof” and “theft-proof" when you change your travel cash înto

AMERICAN

TRAVELERS

EXPRESS

CHEQUES

If lost or stolen before you countersign them,

a prompt refund is made. The denominations are $10, $20, $50 and $100 and also £2, £5 and They are spendable everywhere and no entification required other than your signature.

THE AMERICAN EXPRESS CO., INC.

ted with Limited Liability in U.S.A.

4, Des Voeux Road Central

Every description of Banking and Exchange

Pecurities

Cament Accounts, opened "in "Local" and Fixed. · Deposita received for one

STános, which will be quoted on application.

de Deposit Bares To Let

KAN TUNG PO,

periods in Local and Foreign Currenci

Chief Marager.

THE MERCANTILE BANK OF

INDIA, LTD.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000

Issued and Fally-Paid-up.. 20,000,000 Reserve Fundsk

Sterling

6,500,000

Hong Kong Currency.

Reserve

$10,000,000

$20,000,000

Reserve Liability of Pro-

prietors

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS Hon. Mr. J. J. Paterson. Chairman.

G. Miskin, Esq., Deputy Chairman.

J. K. Bocafold, Bag.. 4. Compton, Esq.

B-Dodwell

M. T. Johnson, Esq., -

J. R. Masson, Eag

K.S. Morrison, Esq.. T.K. Pero, Eag

A. I. Shields, Esq.

V. M. Grayburn, Esq., Chief Manager.

AMOY

HATAYIA

HANKO

HARHIN HONGFEW ILOILO

IPOEL JOHORE KOBE

ROWLOON

BRANCHES

KUALA LUMPUR

Current acc

3

LONDON LYONS MALACCA VANTEL

MUAR (Jebore)

MURDÉS KEW YORK

PELLING PENANG RANGOON SAIGON

SAN FRANCISCO SELANGHAL

SINGAPORT

SOUBAHAYA

SUNGEI PATANT

THENESES

TOKYO

TSINGTAO YORDHAMA

Locounds opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local Company and Starling on terma which will be quoted an application.

ALSO. upr. to "date_SAFE DEPOSIT BOXES in varimaz' siene TO LET.

Hong Kong, 24th February, 1936.

HONG KONG SAVINGS BANK

The Business of the shore Back is contacted by the HONG KONG AND SHANGHAT BANK- ING CORFORATION. Rules may be chlained an application.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION. -

V. M. GRAYBURN,

Chief Manage Hong Kong, 4th February, 1238.

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund

Yen 130,900,000

Head Office: TOKOHAMA

Branches and Agencies at

Alexandria

Bangkok

Batavia

BerlinTM

Bombay

Calcutta

Canton

00,000

Dairen (Dainy)

500,000

900; $247,830

Hambtir

Hankoy

Harbin

35, Gracechurch Street, London, ECS..

HEAD OFFICE:

Authorised Capital

Subscribed, Capital

Paid-up Capital

Reserve Fund & Rest

BAKKEES...

The Bank of England & Midland Bank, Ltd.

Karachi.

New York Penang.

Fort Louis.

Bangkok

Bombay

Calcutta

Colombo

Kota Bharu

Delhi Gralle

Kuşla Lipis

Shanghai

"“Howrah"

Emantan (Fahang), Samia

•Madras

Kasia Lemez.

HONG, TONG-REACH.

“Evary, description of Banking, and - Exchange

Preston^and;

INTERESZ-allowed:.on

Fixed "Deposits at Rates

on application.

Moji

Nagasaki

Nagoya

-New York

Osaka Dara

Fengtien (Mukden) Rangoon

Hong Kong

Honolulu

Hsinking Karachi Kobe

Londonde

Manila Los Ange

Paris

Peiping

Rio de Janeiro

San Francisca

Seattle

Semarang

Tientsin

Tokyo

Yiz Interest allowed for Current -"Ac-

COU

Lecounts and:

THE WING ON BANK LTD.

Head Office: Hong Kong?

Sen Voerr Road, Central.

Comtal $10,000,000.

Deposits received for fired: periods at rates to be obtained on applica- tions.

BY KANO

Hong Kong, 13th November, 1936.

SHANGHAI

SAVINGS BANK LIMITED